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Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state’s non-tax revenues (PNBP) by raising the fee for a borrow-to-use permit (Ijin Pinjam Pakai) from Indonesian Rupiah 3 million (approximately US$ 309.85) to Indonesian Rupiah 4 million (approximately US$ 413.13) per hectare per annum. According to the government regulation, no. 2 of 2008 IPPKH, a tariff of Rp. 3 million (approximately US$ 309.85) per hectare, to be paid to obtain a borrow-to-use permit, in particular for mining activities.
The fee increase will be varied depends on industry. However, the highest increase will be for mining activities. This increase of permit fee is part of implementation of Law. 41/1999 on Forestry, according to minister of Forestry.
The minister of Forestry recently said to media that, "Currently we are waiting for the Government Regulation." According to him, Indonesian cabinet has agreed to increase fee and waiting for government regulation, which has to be signed by President of Indonesia.
Media reports further said that, Indonesian Ministry of Forestry had issued 735 (total) borrow-to-use permits (Ijin Pinjam Pakai) as of January 2013.
466 permits issued specifically for exploration purpose covering around 2.434 million hectares related to oil and gas, metals, other minerals, coal, mineral C, geothermal and mine infrastructure industry. In addition to that, Ministry also has issued another 369 permits for exploitation purpose covering 366,703 hectares.
According to an Article, 50 paragraphs (3) of Law no. 41 Years 1999 on Forestry ("Law 41/1999") any activity in forestry area is prohibited before obtaining the permit from the competent authority (the Ministry of Forestry). Prior to obtain the borrow-to-use permits, the mining activities, including exploration should not be conducted.
The company which violates the provisions is subject to criminal sanctions under Article 78 of Law 41/1999, such as including but not limited to imprisonment (for the director or authorized to represent the company) and fines and also confiscation of machineries, heavy equipments and other equipment used to explore, exploit and transport.
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Friday, 19 April 13
FIRST QUARTER OF 2013 PROVEN A POSITIVE SURPRISE FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite ominous predictions regarding the negative performance of the dry bulk market during the – traditionally weak anyway – first qua ...
Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy
The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit f ...
Thursday, 18 April 13
FEATURE: PREDICTING THE FUTURE - AND THE PAST - BIMCO
It’s not predicting the future that is problematical, it’s the realisation that you have to relive the past again and again when you fai ...
Wednesday, 17 April 13
INDONESIA SHIPPED 80 MILLION TONS OF COAL IN FIRST QUARTER - COAL DIRECTOR
COALspot.com - Indonesia has exported around 80 million tons of coal including power plant coal in first three months of this year.
Speaking on t ...
Tuesday, 16 April 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS JUMPED 20.87 PER CENT ON WEEK TO 3.07 MMT
COALspot.com - Newcastle port in Australia has loaded 3,077,431 tons of thermal and coking coal for week ended 0700 hours 15 April 2013, Newca ...
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Showing 4311 to 4315 news of total 6871 |
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- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Planning Commission, India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
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